Tabi Monthly Report — October 2024

Tabi
3 min readNov 15, 2024

Tabi Monthly Report — October 2024

Recap of October 2024

October was a transformative month for Tabi, marked by the shutdown of Testnet V1 on October 14 and the successful migration of $GG tokens to Testnet V2. The highlight was the launch of Captain Node pre-mining on October 21, allowing node owners to earn rewards and engage with the ecosystem ahead of the mainnet launch. Overall, October featured key updates and community engagement as we prepared for the TABI Consumer Vibee Day on November 12, 2024.

I. Product Updates

Successful Migration of $GG
The migration process for $GG tokens from Testnet V1 to V2 was executed flawlessly by October 18. Our team implemented a comprehensive snapshot mechanism to ensure data integrity and accessibility for users transitioning to the new ecosystem.

Introduction of Captain Node Pre-mining
On October 21, we launched pre-mining for Captain Nodes on Testnet V2. This initiative enables node owners to familiarise themselves with the new system and earn rewards while doing so.With 19,749 active Captain Nodes, the pre-mining initiative has generated considerable interest, allowing operators to engage with our decentralized network while optimizing their mining strategies. The minting of 64,237,500 $veTabi illustrates the active involvement of our node operators, highlighting the importance of their contributions to the ecosystem.

II. Events

Tabi Scavenger Hunt Event
Our Halloween-themed scavenger hunt successfully engaged participants, fostering a fun and interactive atmosphere. Community feedback was overwhelmingly positive, showcasing the enthusiasm of our users.

Preparation for TABI Consumer Vibee Day @ DEVCON
We finalized plans for the TABI Consumer Vibee Day on November 12, 2024, aimed at connecting with our community and enhancing Tabi’s visibility. Registration opened, generating excitement among attendees.

III. Highlights

Seamless Migration Process
The successful migration of $GG tokens not only reinforced user confidence but also demonstrated our dedication to a smooth user experience.

Closure of Testnet V1 and Voyage 2
The closure of Testnet V1 and Voyage 2 marked a strategic pivot for Tabi, enabling us to focus on refining our technological capabilities and enhancing the overall ecosystem. This transition is part of our commitment to continuous improvement and adapting to the evolving needs of our users.

Current Captain Node Engagement
The pre-mining initiative has attracted 19,749 active Captain Nodes, demonstrating significant interest and engagement from operators. Furthermore, these node operators have collectively minted 64,237,500 $veTabi, enhancing their governance influence and aligning incentives within the network.

Boosted Community Engagement
The Scavenger Hunt and Costume Contest significantly enhanced community interaction, fostering a collaborative spirit among participants.

Anticipation for Upcoming Events
The upcoming TABI Consumer Vibee Day has created a buzz within the community, offering a platform for members to network, share insights, and celebrate Tabi’s innovative journey. We anticipate a strong turnout as we showcase our progress and future directions.

IV. Statistical Review of Tabi Ecosystem

Testnet V1

Here’s an insightful snapshot of Testnet V1 data, which underscores the enduring resilience of the Tabi chain and the unwavering confidence our users have placed in it. This data not only reflects the network’s robustness but also symbolizes the dedication of our community and the continuous growth of our ecosystem.

Total Blocks: 3.3M+
Total Transactions on Tabi Blockchain: 59.1M+
Total Tabi Wallet Addresses: 3.2M+
Total $GG Holders: 827K
Total $GG Supply: 1.9B
Total $GG Gas Used: 120.9B
Total $GG Transactions: 1.5M

Testnet V2
Here’s the current snapshot of the ongoing Testnet V2 “Yoake” statistics from the Tabichain Carnival, reflecting promising growth and user engagement:

Total Blocks: 728K
Total Transactions: 4.3M+
Gas Tracker: 2.44 Gwei
Wallet Addresses: 2.7M+
Average Block Time: 3.3 seconds
$GG Holders: 921K
$GG Supply: 2.0B

Testnet V2 continues to grow, and we look forward to further user expansion.

Community Engagement Stats:

Tabi

X Followers: 1.54M+
Discord Members: 1.24M+

Tabizoo
Subscriber: 3.7M+

IV. Conclusion

October has proven to be a transformative month for Tabi, defined by significant technological advancements and increased community involvement. The successful migration to Testnet V2, coupled with engaging community events and the robust participation of Captain Node operators, positions Tabi for continued growth and innovation. We are excited to enhance our ecosystem and build a vibrant community for all users as we move forward.

Follow Us

Website | Twitter | Discord

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Tabi
Tabi

Written by Tabi

Modular consumer & entertainment chain to unite all Poly-Apps, backed by @animocabrands & @BinanceLabs towards a billion-user future.

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